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IWB vs FESM

iShares Russell 1000 ETF vs Fidelity Enhanced Small Cap Core ETF

IWB

iShares Russell 1000 ETF

iShares

Annual cost

0.15%

Fund size

$46.2B

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

Key differences

  • IWB costs 0.13% less per year.
  • IWB is significantly larger than FESM — larger funds tend to be more liquid and less likely to close.
  • IWB follows a index tracking strategy; FESM uses index enhanced.
  • IWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IWBFESM
Annual cost (TER)0.15%0.28%
Fund size (AUM)$46.2B$5.0B
Since20002007
Dividend yield0.96%0.55%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+28.3%+52.9%
CAGR 3Y+22.8%N/A
CAGR 5Y+13.1%N/A
Sharpe 3Y1.21N/A
Volatility 1Y12.07%19.05%
Max drawdown-34.60%-26.93%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to IWB and FESM